Civic Intelligence

First Colony Foundation

990EZ • Fiscal year 2019 • EIN 20-1017193

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 23, 2020

Refreshing map…

1501 Cole Mill RoadDurham, NC 27705

(919) 767-1050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE A80 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE A80 • <$500k nonprofits • Source year 2019

Net Margin

70th percentile

33%

Higher net margin than 70% of similar nonprofits.

2019 filings • NTEE A80 • <$500k nonprofits • Source year 2019

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE A80 • <$500k nonprofits • Source year 2019

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2019 filings • NTEE A80 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

151%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • NTEE A80 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$133,196

Up $20,074 (+18%) from 2018

Net Assets

$133,196

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$60,068

Up $36,159 (+151%) from 2018

Expenses

Up

$39,994

Up $19,463 (+95%) from 2018

Net Income

Up

$20,074

Up $16,696 (+494%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2010: $36,773Net Assets 2010: $36,7732010Assets 2011: $49,850Net Assets 2011: $49,8502011Assets 2012: $62,115Net Assets 2012: $62,1152012Assets 2013: $83,971Net Assets 2013: $83,9712013Assets 2014: $74,151Net Assets 2014: $74,1512014Assets 2015: $78,673Net Assets 2015: $78,6732015Assets 2016: $70,324Net Assets 2016: $70,3242016Assets 2017: $109,744Net Assets 2017: $109,7442017Assets 2018: $113,122Liabilities 2018: $02018Assets 2019: $133,196Liabilities 2019: $0Net Assets 2019: $133,1962019Assets 2020: $133,744Liabilities 2020: $0Net Assets 2020: $133,7442020Assets 2021: $161,921Liabilities 2021: $0Net Assets 2021: $161,9212021Assets 2022: $164,331Liabilities 2022: $0Net Assets 2022: $164,3312022Assets 2023: $181,510Liabilities 2023: $02023

Highlighted filing

2019

Assets$133,196
Liabilities$0
Net Assets$133,196

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $25,662Expenses 2010: $18,411Net Income 2010: $7,2512010Revenue 2011: $19,105Expenses 2011: $6,028Net Income 2011: $13,0772011Revenue 2012: $28,542Expenses 2012: $16,277Net Income 2012: $12,2652012Revenue 2013: $35,780Expenses 2013: $13,924Net Income 2013: $21,8562013Revenue 2014: $21,834Expenses 2014: $31,654Net Income 2014: -$9,8202014Revenue 2015: $31,810Expenses 2015: $27,288Net Income 2015: $4,5222015Revenue 2016: $28,868Expenses 2016: $37,217Net Income 2016: -$8,3492016Revenue 2017: $89,508Expenses 2017: $50,088Net Income 2017: $39,4202017Revenue 2018: $23,909Expenses 2018: $20,531Net Income 2018: $3,3782018Revenue 2019: $60,068Expenses 2019: $39,994Net Income 2019: $20,0742019Revenue 2020: $32,511Expenses 2020: $31,963Net Income 2020: $5482020Revenue 2021: $55,085Expenses 2021: $26,908Net Income 2021: $28,1772021Revenue 2022: $36,733Expenses 2022: $34,323Net Income 2022: $2,4102022Revenue 2023: $33,694Expenses 2023: $16,515Net Income 2023: $17,1792023

Highlighted filing

2019

Revenue$60,068
Expenses$39,994
Net Income$20,074
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 23, 2020
Return Version
2019v5.1
Gross Receipts
$60,068
Mission and Program Overview

Mission

The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlements in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, North Carolina, in the 1580's.

See Schedule O

Program Services

DescriptionGrantsExpenses
Survey of area in vicinity of Salmon Creek$27,607$29,400
Other program services-$2,400
Salmon Creek Archaeological Site, Bertie County, NC-$2,138
Close Examintaion of 31BR49 at Bertie County beach access road-$1,453
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip W EvansPresidentPT$0--
Alastair S MacdonaldTreasurerPT$0--
Robert E DavisSecretaryPT$0--
Eric C KlingelhoferResearch Vice PresidentPT$0--
Nick LucckettiResearch Vice PresidentPT$0--
James HornDirector-$0--
Gordon P Watts JrDirector-$0--
lebame HoustonDirector-$0--
Betty McCainDirector-$0--
J Eric DeetzDirector-$0--
Robert G Anthony JrDirector-$0--
Carter L HudginsDirector-$0--
Filing and Contact Details

Filer

Filer Name
First Colony Foundation
EIN
20-1017193
Address
1501 Cole Mill Road, Durham, NC 27705

Signing Officer

Name
Alastair S Macdonald
Title
Treasurer
Phone
9197671050
Signed
2020-06-23
Discuss with paid preparer
Yes

Preparer

Firm
RCPA Inc
Address
1156-B Jamestown Road, Williamsburg, VA 23185
Preparer
Richard Paulk
Phone
7578973716
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 777Advertising & Fund Raising 872Bank Fees 200Professional Fees 250Office 1,429Taxes and Licenses 225Flannelly III (Salmon Creek) 2,138Site X (Funded) 29,400Bertie 31BR49 TGOW 1,453Test at Fort Raleigh 2,400

Description of other assets Part II line 24

Category Beginning of Year End of YearMachinery & Equipment 1,849 1,070Research Collection 50,000 50,000Elizabethan Panelling 0 2,102

Other program services Part III line 31

Test at Fort Raleigh Archaeological site:Optically stimulated luminescence (OSL) test established a date range for when a long-buried sand layer was last exposed to sunlight. A study of the results will estblish a chronology for features sealed by that layer.

Part III response or note to any other line in Part III

Primary Exempt Purpose:The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlement in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, NC, in the 1580s----------------------------------- Program Service Accomplishments:Salmon Creek Archaeological Site, Bertie County, NC:Property was acquired by Carolina Coastal Land Trust based on our research. First Colony Foundation was asked by the trust and by local governments to conduct additional investigations, including the first excavation of the Native American village of Mettaquem. The property was deeded to the State of North Carolina at the end of 2018. Activities in 2019 involved processing of artifacts, lab testing, and documentation of prior research.----------------------------- Survey of area in vicinity of Salmon Creek:Locations along the shoreline of Chowan river were studied to identify and record potential sites related to Salmon Creek property. Grant provided by Bertie County and the Town of Windsor, NC.----------------------------- Close Examintaion of 31BR49 at Bertie County beach access road:Team of Archaeologists and Volunteers began a series of test units to define the concise location of a site recorded on survey conducted earlier in the year. Most expenditures were incurred after the close of the year. Based on results of this study a full excavation of the site is anticipated.------------------------------- Test at Fort Raleigh Archaeological site:Optically stimulated luminescence (OSL) test established a date range for when a long-buried sand layer was last exposed to sunlight. A study of the results will estblish a chronology for features sealed by that layer.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 777Advertising & Fund Raising 872Bank Fees 200Professional Fees 250Office 1,429Taxes and Licenses 225Flannelly III (Salmon Creek) 2,138Site X (Funded) 29,400Bertie 31BR49 TGOW 1,453Test at Fort Raleigh 2,400
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Test at Fort Raleigh Archaeological site:Optically stimulated luminescence (OSL) test established a date range for when a long-buried sand layer was last exposed to sunlight. A study of the results will estblish a chronology for features sealed by that layer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Primary Exempt Purpose:The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlement in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, NC, in the 1580s----------------------------------- Program Service Accomplishments:Salmon Creek Archaeological Site, Bertie County, NC:Property was acquired by Carolina Coastal Land Trust based on our research. First Colony Foundation was asked by the trust and by local governments to conduct additional investigations, including the first excavation of the Native American village of Mettaquem. The property was deeded to the State of North Carolina at the end of 2018. Activities in 2019 involved processing of artifacts, lab testing, and documentation of prior research.----------------------------- Survey of area in vicinity of Salmon Creek:Locations along the shoreline of Chowan river were studied to identify and record potential sites related to Salmon Creek property. Grant provided by Bertie County and the Town of Windsor, NC.----------------------------- Close Examintaion of 31BR49 at Bertie County beach access road:Team of Archaeologists and Volunteers began a series of test units to define the concise location of a site recorded on survey conducted earlier in the year. Most expenditures were incurred after the close of the year. Based on results of this study a full excavation of the site is anticipated.------------------------------- Test at Fort Raleigh Archaeological site:Optically stimulated luminescence (OSL) test established a date range for when a long-buried sand layer was last exposed to sunlight. A study of the results will estblish a chronology for features sealed by that layer.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard Paulk
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-06-24T10:57:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.82$0.00$0.34$0.17$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.37$0.34$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.55$0.27$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$0.33$0.32$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.60$0.40$0.20
2018Summary only. Only limited summary data is available for this year.$1.13$0.00$0.24$0.21$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$1.10$0.90$0.50$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.29$0.37$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.32$0.27$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.74$0.22$0.32$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.84$0.36$0.14$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.62$0.29$0.16$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$0.19$0.06$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.37$0.26$0.18$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits